
Solfate Podcast · 2023-12-12 · 58 min
A conversation with Matt Luongo, the founder of Thesis.co and Threshold Network (aka tBTC). Full show notes: solfate.com/podcast/40 Watch this episode on YouTube: youtube.com/watch?v=A05AtK7WX1I Follow the @SolfatePod show on Twitter for updates. Thanks for listening frens :) Notes from the show In this conversation, Matt Luongo discusses Threshold Network and tBTC, a cross-chain bridge for Bitcoin. He explains how Threshold Network combines the capabilities of Keep and NuCypher to enable threshold cryptography and custody of ECDSA keys off-chain. Matt also highlights the role of Bitcoin's scripting language in tBTC and the challenges of bridging Bitcoin to other chains, including Solana. He emphasizes the importance of trust models and settlement times in the tBTC ecosystem. Finally, Matt shares the availability of tBTC on Solana and the potential for expanding Threshold Network to support decentralized custodial escrow systems for various assets. Takeaways Threshold Network combines Keep and NuCypher to enable threshold cryptography and custody of ECDSA keys off-chain. tBTC uses Bitcoin's scripting language to create a bridge between Bitcoin and other chains.
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